3/222 Rainbow Street, Sandgate, QLD 4017 | Property Value & History | OnTheHouse
FOR SALE

3/222 Rainbow Street
Sandgate QLD 4017

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 118m2
Land area: 159m2
This property is currently on the market
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Property Details for 3/222 Rainbow St, Sandgate

3/222 Rainbow St, Sandgate is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2003. The property has a land size of 159m2 and floor size of 118m2.This Property is currently listed for sale with SOL Property

Building Type
Townhouse
Year Built
2003
Floor Size
118m2
Land Size
159m2
Local Government
Brisbane
Lot/Plan
3/SP155329

Last Listing description (March 2026)

Positioned in one of Sandgates most sought-after pockets, this beautifully presented townhouse delivers the ideal balance of lifestyle, location and effortless living, just 400 metres from the waterfront.

Perfectly suited to first home buyers, astute investors or downsizers seeking comfort without compromise, this home offers broad appeal in an unbeatable bayside setting.
Downstairs, a light-filled open plan living and dining area flows seamlessly into a well-appointed kitchen, creating an inviting space to relax or entertain with ease. Step outside to your private courtyard sanctuary, complete with side access offering the perfect setting for quiet morning coffees, weekend gatherings or simply unwinding in peace. The thoughtful floorplan maximises both space and privacy, ensuring comfortable everyday living.

Upstairs, three generously sized bedrooms all feature built-in robes, ceiling fans and ducted air-conditioning. The master suite enjoys its own private retreat feel, complete with walk-in robe, ensuite, ducted air-conditioning and a private balcony overlooking the courtyard below.

Designed for low-maintenance living, this home allows you to spend less time on upkeep and more time embracing the enviable bayside lifestyle.
From here, everything that makes Sandgate so desirable is within easy reach morning walks along the waterfront, coffee at local cafs, shopping at Woolworths, and effortless commuting via Sandgate railway station, all just a short stroll away.

Approx. 400m to the Sandgate waterfront & scenic walking paths
Body Corporate fees: $1,512.69 per quarter (approx.)
Rates: approx. $548 per quarter
Rental appraisal: $740 per week
Currently rented at $635 per week & Lease expiry: 14/02/2027 (12-month term)
Last rent increase: 15/02/2026
Walking distance to local cafs, restaurants & the Sandgate dining precinct
Close to Woolworths and everyday conveniences
Easy access to Sandgate railway station for direct CBD commuting
Moments to Shorncliffe Pier for weekend strolls & sunsets

Property History for 3/222 Rainbow St, Sandgate, QLD 4017

A timeline of how this property has performed in the market
Last Sold
$460,000
12 Mar 2014
Listed for Rent
$450/w
31 Jan 2020
  • 11 Mar 2026
    Listed for Sale Offers over $900,000
  • 19 Dec 2019
    Listed for Rent $450 / week
  • 04 Jun 2018
    Listed for Rent $450 / week
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About Sandgate 4017

The size of Sandgate is approximately 3.2 square kilometres. It has 12 parks covering nearly 40.3% of total area. The population of Sandgate in 2016 was 4909 people. By 2021 the population was 4926 showing a population growth of 0.4% in the area during that time. The predominant age group in Sandgate is 50-59 years. Households in Sandgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandgate work in a professional occupation.In 2021, 63.60% of the homes in Sandgate were owner-occupied compared with 60.90% in 2016.

Sandgate has 2,337 properties. Over the last 5 years, Houses in Sandgate have seen a 81.51% increase in median value, while Units have seen a 112.14% increase. As at 28 February 2026:

  • The median value for Houses in Sandgate is $1,420,326 while the median value for Units is $707,450.
  • Houses have a median rent of $700 while Units have a median rent of $465.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Sandgate on OnTheHouse. According to Cotality's data, 83 properties were sold in the past 12 months in Sandgate.

Suburb Insights for Sandgate 4017

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.